Quadrant Future Tek IPO: Date, Review, GMP Price & Allotment Details

IPO Date: 7 Jan - 9 Jan- 2025

Price:
Lot Size: Shares
Allotment Date: 10-Jan-2024
Listing Date: 14-Jan-2024
IPO Size:Approx ₹290 Crores

Quadrant Future Tek IPO Details: The Quadrant Future Tek IPO will open on January 7, 2025, and close on January 9, 2025. This is a Book Built Issue in which the company aims to raise approximately ₹290 crores through the offering, consisting of a fresh issue of ₹290 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.

The price band for the Quadrant Future Tek IPO is ₹[.] to ₹[.] per share. The IPO allocation is as follows: 10% for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO will be listed on the BSE and NSE on January 14, 2025. The allotment date for the Quadrant Future Tek IPO is January 10, 2025.

For the financial year 2024, the company reported a revenue of ₹151.82 crores, compared to ₹152.95 crores in 2023. The profit for 2024 stood at ₹14.71 crores, up from ₹13.90 crores in 2023. Based on the financials, investors are encouraged to apply for the IPO with a long-term perspective.

Quadrant Future Tek IPO Objectives:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  1. Funding long-term working capital requirements of the Company;
  2. Capital expenditure for the development of Electronic Interlocking System;
  3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company; and
  4. General corporate purposes.

Quadrant Future Tek IPO Review (Apply or Not)

  • Update soon

Quadrant Future Tek IPO Date & Price Band Details:

IPO Open Date:January 7, 2025
IPO Close Date:January 9, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹290 Crores
Fresh Issue:Approx ₹290 Crores
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Quadrant Future Tek IPO Lot Size:

The minimum market lot for the Quadrant Future Tek IPO is [.] shares, with an application amount of ₹[.]. Retail investors can apply for up to 13 lots, each consisting of [.] shares, with a total application amount of ₹[.].

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Quadrant Future Tek IPO Timeline:

The Quadrant Future Tek IPO will open on January 7, 2025, and close on January 9, 2025. The allotment for the IPO will be finalized on January 10, 2025, and the shares will be listed on January 14, 2025.

IPO Open Date:January 7, 2025
IPO Close Date:January 9, 2025
Basis of Allotment:January 10, 2025
Refunds:January 13, 2025
Credit to Demat Account:January 13, 2025
IPO Listing Date:January 14, 2025

Quadrant Future Tek IPO GMP Today:

  • Update soon

Promoters of Quadrant Future Tek IPO

The promoters of the company are Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abroland Vivek Abrol, Aikjot Singh And Rajbir Singh Randhawa.

About Quadrant Future Tek IPO

Quadrant Future Tek Research is a leading company focused on developing innovative systems and research aimed at improving train operations. Established in 2015, the company plays a vital role in enhancing the safety and efficiency of railway systems. In addition to its core offerings, Quadrant Future Tek manufactures specialized cables for the railway and defense (naval) sectors, including cables for solar cells and electric vehicles (EVs). These cables are made with fire-resistant materials and treated with electron beam radiation to ensure high durability and industrial reliability.

The company specializes in railway signaling and embedded system design, with a focus on developing cutting-edge train control products and solutions. Quadrant Future Tek is also actively working on innovations such as Train Collision Avoidance Systems and Electronic Interlocking Systems under KAVACH, an Automatic Train Protection System designed to enhance safety and increase capacity on Indian railways.

The company is backed by experienced promoters with over 20 years of expertise in the railway and manufacturing industries, further strengthening its position in the market.

Quadrant Future Tek IPO Company Financial Report

The company reported revenue of ₹151.82 crores in 2024 against ₹152.95 crore in 2023. The company reported profit of ₹14.71 crores in 2024 against Profit of ₹13.90 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2021₹72.89₹67.03₹4.81₹58.69
2022₹104.29₹101.34₹1.94₹112.77
2023₹152.95₹133.01₹13.90₹118.82
2024₹151.82₹129.94₹14.71₹142.82
September 2024₹65.14₹77.63₹12.12₹149.66

Quadrant Future Tek IPO Valuation – FY2024

Check Quadrant Future Tek IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:33.41%
ROCE:26.12%
EBITDA Margin:24.15%
PAT Margin:9.68%
Debt to equity ratio:1.86
Earning Per Share (EPS):₹4.90 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):33.41%
Net Asset Value (NAV):₹14.70

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Kernex Micro Systems Limited(16.61)NA(24.16%)63.6119.60 Cr.
HBL Power Systems Limited10.0761.5922.87%44.0322,333.55 Cr.
Apar Industries Limited212.1049.1120.80%965.0116,152.98 Cr.
Polycab India Limited118.9364.8521.90%544.9518,039.44 Cr.

Quadrant Future Tek IPO Registrar

Link Intime India Private Limited
Phone: +91 81 0811 4949
E-mail: quadrant.ipo@linkintime.co.in
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • Sundae Capital Advisors Private Limited

Company Address

Quadrant Future Tek Limited
Village Basma Tehsil Banur,
Distt Mohali – 140 417,
Punjab, India
Phone: +91 1762 245 509;
Email: cs_qftl@quadrantfuturetek.com;
Website: www.quadrantfuturetek.com

Quadrant Future Tek IPO FAQs

What is Quadrant Future Tek IPO?

Quadrant Future Tek IPO is a Mainboard IPO through which the company aims to raise ₹290 crores. The issue is priced in the range of ₹[.] to ₹[.] per equity share, and the IPO will be listed on both the BSE and NSE.

When will Quadrant Future Tek IPO open for subscription?

The IPO will open for subscription on January 7, 2025, for QIB, NII, and retail investors. The subscription period will close on January 9, 2025.

What is the Quadrant Future Tek IPO Investors’ Portion?

The IPO’s investor allocation is as follows:

  • 75% for Qualified Institutional Buyers (QIBs)
  • 15% for Non-Institutional Investors (NIIs)
  • 10% for Retail Investors

How to Apply for Quadrant Future Tek IPO?

You can apply for the Quadrant Future Tek IPO through the ASBA process via your bank account. Additionally, you can apply online through UPI via your stock broker, or fill out the offline application form with your broker.

What is the Quadrant Future Tek IPO Issue Size?

The issue size of the Quadrant Future Tek IPO is ₹290 crores.

What is the Quadrant Future Tek IPO Price Band?

The price band for the Quadrant Future Tek IPO is ₹[.] to ₹[.].

What is the Quadrant Future Tek IPO Lot Size?

The minimum bid size is [.] shares with an application amount of ₹[.].

What is the Quadrant Future Tek IPO Allotment Date?

The allotment date for the Quadrant Future Tek IPO is January 10, 2025.

What is the Quadrant Future Tek IPO Listing Date?

The Quadrant Future Tek IPO will be listed on January 14, 2025, on both the BSE and NSE.

IPO Date: 7 Jan - 9 Jan- 2025

Price:
Lot Size: Shares
Allotment Date: 10-Jan-2024
Listing Date: 14-Jan-2024
IPO Size:Approx ₹290 Crores

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